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Experian joins forces with Transactor
Insurance software house Transactor Global Solutions has launched a data enrichment service using data from Experian.
Lloyd's/London |
24 May 2012 
British Insurance Awards 2012 finalists to be revealed
The wait is almost over. Tomorrow Postonline will be the first place to discover the shortlist for the 2012 British insurance Awards.
Broker | 22 May 2012
"Dishonest" broker banned for second time
A broker who was barred from operating within Lloyd's more than a decade ago has now been banned from performing any regulated functions by the Financial Services Authority, after acting as the director of an Essex-based insurance broker without regulatory...
Broker |
22 May 2012
Editor's comment: Slow demise or new dawn?
Six years ago, the Lloyd's Motor Underwriters Association was subsumed into the overall Lloyd's Market Association – a clear signal that a once powerful force in the car insurance arena had accepted its heyday was long behind it.
Lloyd's/London |
22 May 2012
IAG mulls Equity Red Star sale as experts debate motor future at Lloyd's
With Insurance Australia Group toying with the idea of selling the largest Lloyd's motor underwriter Equity Red Star, and aggregators controlling more power in this area, the days of motor in the Lloyd's market could well be numbered.
Lloyd's/London |
22 May 2012
The insurance business resource library
Insurance Hound
A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis
Kiln forecasts profits in non-aligned syndicates for 2010 and 2011 accounts
R J Kiln & Co has forecasted profits for its four non-aligned syndicates with catastrophe losses for the 2010 and 2011 years of accounts.
Insurer |
18 May 2012
Hyperion valued at £165m as BP Marsh sells a stake to Murofo
BP Marsh & Partners announced this morning that its wholly-owned subsidiary, BP Marsh & Company, has sold 1 193 500 shares (2.75%) in Hyperion Insurance Group for a cash consideration of £4.5m.
Lloyd's/London |
17 May 2012
Hardy gets tough on property treaty with 19.1% rate rises
Hardy Underwriting has reported that gross written premiums for its syndicate have decreased by 21.5% year on year, primarily as a result of discontinuing certain underperforming lines of business and a reduction in catastrophe risk appetite.
Lloyd's/London |
17 May 2012
Jelf bolsters London office with two hires
Jelf Insurance Brokers has appointed two members of staff to join the team in its recently opened London office.
Broker |
17 May 2012
Cooper Gay names risk management chief
Peter Dalton has been appointed head of risk management at Lloyd's broker Cooper Gay.
Broker |
17 May 2012
European risk and insurance intelligence
Insurance Insight
Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets
JLT aims to tackle risk managers' 'exasperation' at cyber risks
JLT Specialty has launched an Intangible & Cyber Exposure service.
Broker |
17 May 2012
Amlin CEO says three quarters of business has seen rate rises in Q1 2012
Amlin reported this morning that the group's gross written premium for the four months ended 30 April 2012 was up 10.5% at £1.4bn (30 April 2011: £1.3bn). At constant rates of exchange, written premium increased by 11.6% (30 April 2011: £1.29bn).
Lloyd's/London |
17 May 2012
IAG boss Wilkins admits it may dump loss making UK business
IAG managing director and chief executive Mike Wilkins has said that now is an appropriate time to assess the options for the UK business, given the improvement in its performance and the current UK economic conditions.
Lloyd's/London |
17 May 2012
BIBA 2012: Lloyd's vows to build up SME business
Lloyd's has revealed potential plans to hold regional broking events outside London next year in a bid to build on the 5% growth achieved in its small and medium size book of business last year.
Reinsurance |
16 May 2012
BIBA 2012: Bridge Insurance Brokers in Chubb tie up
Bridge Insurance Brokers and Chubb Insurance have teamed up to offer a product which the pair claims delivers high spec cover for precision engineers, metal fabricators and metal processors.
Broker |
16 May 2012
Comment
Interview
Interview: JLT's Dominic Burke - a thoroughbred performer
Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...
View from the top
View from the top: Airline insurance - the risk remains
Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...
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Events
2012 insurance industry report: The inside track to achieving a more sustainable business
To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.
Work equipment risks in the UK
The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.
Motor insurers urged to aim for profit
Post |
24 May 2012
Nationwide slams CMCs as PPI wipes £103m from balance sheet
Post |
24 May 2012
Suspected bogus broker arrested
Post |
24 May 2012
CII encourages apprenticeships with new guide
Post |
24 May 2012
Mapfre appoints Midlands boss
Post |
24 May 2012
Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...